1103 Miller StBowieTX76230
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Bowie at 1103 Miller St, Bowie, TX, 76230 priced at $245,000 converts $2,273/mo rent into $480/mo cash flow after a $1,199/mo obligation. Total monthly income equals $2,273/mo, and annual cash flow totals $5,758/yr on $81,218 invested. Return on cash invested prints 27% in year one, and rental yield reads 11.13% against a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation compiles into $67,689 by year five. Five-year ROI reaches 142.34% and total cumulative return in cash sums $115,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,273/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76230, Bowie, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,291 (100%) |
| Owner Occupied HU | 3,205 (60.6%) |
| Renter Occupied HU | 1,099 (20.8%) |
| Vacant Housing Units | 987 (18.7%) |
| Median Home Value | $216,830 |
| Average Home Value | $275,278 |
Housing Distribution
Address Breakdown
Residential
4,580
Single Family
4,489
Multi-Family
91
Businesses
551
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Listed by: April Cook • Parker Properties Real Estate
Mls Name: NTREIS
Mls ID: #21058924
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.